Bitdeer Announces Expansion Plans and AI Cloud Contracts
News related to:Bitdeer Technologies Group · 2 min read
Bitdeer Technologies Group, a leading provider of AI and Bitcoin mining infrastructure, announced significant updates to its operations and expansion plans in a press release on September 17, 2026. The company detailed its progress in securing contracted GPU capacity, developing new data centers, and expanding its AI cloud services.
Bitdeer secured 100% contracted GPU capacity for its 9.5 MW A102 facility in Malaysia, representing over $800 million in expected revenue. This achievement was made possible through long-term commitments, ensuring the company's reliability and scale in the AI and high-performance computing (HPC) market. Additionally, Bitdeer signed a non-binding Letter of Intent to develop an AI data center in Bhutan's Gelephu Mindfulness City, targeting an initial 30 MW of renewable hydro/solar-powered capacity, with potential expansion to 500 MW.
The company also executed a 10-year data center services agreement at its A202 facility in Malaysia, securing an additional 65.1 MW of capacity. This move scales the total campus AI cloud capacity to 86.8 MW, enabling Bitdeer to capture high-density compute demand. Bitdeer recently acquired 200 acres near its existing 563 MW Rockdale facility to support AI and HPC infrastructure development, ensuring long-term site control for future data center expansion.
In the cryptocurrency mining sector, Bitdeer reported a 249% year-over-year increase in Bitcoin production, with 1,310 Bitcoins mined in August 2026. The company's self-mining hash rate reached approximately 79.9 EH/s, while its co-mining hashrate was 21.6 EH/s, driven by collaboration with third-party data centers.
Bitdeer's Tydal, Norway AI data center is expected to be among the largest and most efficient AI data centers upon completion. With a power usage effectiveness (PUE) of approximately 1.1 and running on 100% renewable energy, the facility sets a high standard for data center performance. The company also announced a 16-year AI/HPC data center lease for its Tydal campus, with a total contract value of approximately $4.7 billion over the initial base term, and the potential to reach $8.0 billion if the tenant exercises its one-time 8-year lease extension option.
Bitdeer's AI cloud pipeline includes the development of a new AI data center in Bhutan's Gelephu Mindfulness City, with an initial 30 MW of capacity and potential expansion to 500 MW. The company also advanced hardware readiness for its A201 facility by procuring 133 racks of GB300 GPUs ahead of energization, ensuring seamless post-energization deployment and rapid time-to-market.
Bitdeer continued its industry engagement by participating in Ai4 2026 in Las Vegas, speaking on a panel at SGTech, and hosting developer community events in Singapore. These activities aimed to connect with key stakeholders across AI infrastructure, enterprise adoption, and emerging technologies.
In summary, Bitdeer Technologies Group demonstrated its commitment to expanding its AI and Bitcoin mining infrastructure through strategic acquisitions, long-term contracts, and innovative data center developments. The company's focus on reliability, scale, and sustainability positions it well for continued growth in the AI and HPC markets.